Civic Intelligence

Lake Cooper Foundation

990EZ • Fiscal year 2022 • EIN 46-5696486

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 13, 2023

Organization Profile
728 Franklin StKeokuk, IA 52632

(319) 520-5209

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

79th percentile

0.09x

Higher debt load relative to assets than 79% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

0.07x

Higher debt load relative to revenue than 80% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

73rd percentile

23%

Higher net margin than 73% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

61st percentile

9.0%

Faster asset growth than 61% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

66th percentile

33%

Faster revenue growth than 66% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$72,181

Up $5,950 (+9.0%) from 2021

Net Assets

Up

$65,328

Up $8,725 (+15%) from 2021

Liabilities

Down

$6,853

Down $2,775 (-29%) from 2021

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin73rd percentile

Revenue

Up

$96,541

Up $23,722 (+33%) from 2021

Expenses

Up

$74,816

Up $15,215 (+26%) from 2021

Net Income

Up

$21,725

Up $8,507 (+64%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2018: $66,195Liabilities 2018: $19,440Net Assets 2018: $46,7552018Assets 2019: $67,376Liabilities 2019: $17,183Net Assets 2019: $50,1932019Assets 2020: $55,652Liabilities 2020: $14,783Net Assets 2020: $40,8692020Assets 2021: $66,231Liabilities 2021: $9,628Net Assets 2021: $56,6032021Assets 2022: $72,181Liabilities 2022: $6,853Net Assets 2022: $65,3282022Assets 2023: $77,705Liabilities 2023: $3,937Net Assets 2023: $73,7682023Assets 2024: $86,925Liabilities 2024: $872Net Assets 2024: $86,0532024

Highlighted filing

2022

Assets$72,181
Liabilities$6,853
Net Assets$65,328
Open 2022 Filing

Operations Trend

Revenue Growth66th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2018: $78,878Expenses 2018: $59,240Net Income 2018: $19,6382018Revenue 2019: $69,703Expenses 2019: $66,074Net Income 2019: $3,6292019Revenue 2020: $29,399Expenses 2020: $38,606Net Income 2020: -$9,2072020Revenue 2021: $72,819Expenses 2021: $59,601Net Income 2021: $13,2182021Revenue 2022: $96,541Expenses 2022: $74,816Net Income 2022: $21,7252022Revenue 2023: $79,270Expenses 2023: $70,830Net Income 2023: $8,4402023Revenue 2024: $74,019Expenses 2024: $61,733Net Income 2024: $12,2862024

Highlighted filing

2022

Revenue$96,541
Expenses$74,816
Net Income$21,725
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 13, 2023
Return Version
2022v4.1
Gross Receipts
$96,541
Mission and Program Overview

Mission

Bring back historical events

Program Services

DescriptionGrantsExpenses
BIG DAM STREET FESTIVAL-$48,527
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DOUG MATLICKDirector-$0--
THOMAS BELLDirector-$0--
ROBERT KORSCHGENPresident Treasurer Secretary-$0--
Filing and Contact Details

Filer

Filer Name
Lake Cooper Foundation
EIN
46-5696486
Address
728 FRANKLIN ST, KEOKUK, IA 52632

Signing Officer

Name
Robert Korschgen
Title
President Trea
Phone
3195205209
Signed
2023-03-13
Discuss with paid preparer
Yes

Preparer

Firm
Taxes Plus
Address
2406 Main St, Keokuk, IA 52632
Preparer
Haley Shaffer
Phone
3195247278
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description amountbuilding rental 4,177craft & vendor shows 488”

Description of other expenses Part I line 16

“Description amountdepreciation from 4562 719program services 57,509office expense 1,128”

Description of total liabilities Part II line 26

“Category beginning of year end of yearconnection bank loan 9,628 6,853”

Raw XML Appendix166 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ROBERT KORSCHGEN
IRS990EZ/BooksInCareOfDetail/PhoneNum03195205209
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0728 FRANKLIN ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0KEOKUK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd052632
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt040231
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt035842
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt02374
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt021725
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0250
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt053231
IRS990EZ/Form990TotalAssetsGrp/EOYAmt072181
IRS990EZ/GrossReceiptsAmt096541
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt013000
IRS990EZ/LandAndBuildingsGrp/EOYAmt036339
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt043603
IRS990EZ/NetAssetsOrFundBalancesEOYAmt065328
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt043603
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt065328
IRS990EZ/OccupancyRentUtltsAndMaintAmt014910
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DOUG MATLICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1THOMAS BELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROBERT KORSCHGEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT TREASURER SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0true
IRS990EZ/OrganizationHadUBIInd0true
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt059356
IRS990EZ/OtherRevenueTotalAmt04665
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0BRING BACK HISTORICAL EVENTS
IRS990EZ/PrintingPublicationsPostageAmt0300
IRS990EZ/ProgramServiceRevenueAmt089502
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BIG DAM STREET FESTIVAL
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt048527
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt09628
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt06853
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt074816
IRS990EZ/TotalProgramServiceExpensesAmt048527
IRS990EZ/TotalRevenueAmt096541
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02374
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt03962
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt010158
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt03825
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt015357
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt035676
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt089502
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt062077
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt014986
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt059778
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt054342
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0280685
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt04665
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt07930
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt04255
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt06100
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt04515
IRS990ScheduleA/OtherIncome509Grp/TotalAmt027465
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.92010
IRS990ScheduleA/PublicSupportPY509Pct00.90370
IRS990ScheduleA/PublicSupportTotal509Amt0316361
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt091876
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt066039
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt025144
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt063603
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt069699
IRS990ScheduleA/Total509Grp/TotalAmt0316361
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt096541
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt073969
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt029399
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt069703
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt074214
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0343826
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTBUILDING RENTAL 4,177CRAFT & VENDOR SHOWS 488
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTDEPRECIATION FROM 4562 719PROGRAM SERVICES 57,509OFFICE EXPENSE 1,128
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARCONNECTION BANK LOAN 9,628 6,853
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT KORSCHGEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT TREA
ReturnHeader/BusinessOfficerGrp/PhoneNum03195205209
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKE COOPER FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0465696486
ReturnHeader/Filer/USAddress/AddressLine1Txt0728 FRANKLIN ST
ReturnHeader/Filer/USAddress/CityNm0KEOKUK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052632
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421341788
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Taxes Plus
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02406 Main St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Keokuk
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd052632
ReturnHeader/PreparerPersonGrp/PhoneNum03195247278
ReturnHeader/PreparerPersonGrp/PreparationDt02023-03-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HALEY SHAFFER
ReturnHeader/ReturnTs02023-03-17T18:00:10-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROBERT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KORSCHGEN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$72,181
Liabilities
$6,853
Net assets
$65,328
Revenue
$96,541
Expenses
$74,816
Net income
$21,725
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$86.9$0.87$86.1$74.0$61.7$12.3
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$77.7$3.94$73.8$79.3$70.8$8.44
2022Detailed filing. Detailed filing data is available for this year.$72.2$6.85$65.3$96.5$74.8$21.7
2021Detailed filing. Detailed filing data is available for this year.$66.2$9.63$56.6$72.8$59.6$13.2
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$55.7$14.8$40.9$29.4$38.6$9.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$67.4$17.2$50.2$69.7$66.1$3.63
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$66.2$19.4$46.8$78.9$59.2$19.6
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits